Macau Population: 583,003

Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987, Macau became the Macau Special Administrative Region (SAR) of the People's Republic of China on 20 December 1999. In this agreement, China promised that, under its "one country, two systems" formula, China's political and economic system would not be imposed on Macau, and that Macau would enjoy a high degree of autonomy in all matters except foreign affairs and defense for the next 50 years.

Essentially urban; an area of land reclaimed from the sea measuring 5.2 sq km and known as Cotai now connects the islands of Coloane and Taipa; the island area is connected to the mainland peninsula by three bridges

none (special administrative region of the People's Republic of China)

Independence:

none (special administrative region of China)

National holiday:

National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 20 December 1999 is celebrated as Macau Special Administrative Region Establishment Day

Constitution:

The Basic Law, approved 31 March 1993 by China's National People's Congress, is Macau's charter

Legal system:

civil law system based on the Portuguese model

Suffrage:

18 years of age in direct elections for some legislative positions, universal for permanent residents living in Macau for the past seven years; note - indirect elections are limited to organizations registered as "corporate voters" (973 were registered in the 2009 legislative elections) and a 300-member Election Committee for the Chief Executive (CE) drawn from broad regional groupings, municipal organizations, central government bodies, and elected Macau officials

elections: chief executive chosen by a 300-member Election Committee for a five-year term (current chief executive is eligible for a second term); election last held on 26 July 2009 (next to be held in July 2014)

note: the Legislative Assembly voted in August 2012 to expand the electoral committee to 400 seats for the 2014 election.

election results: Fernando CHUI Sai-on elected in 2009 with 282 votes, took office on 20 December 2009

Legislative branch:

unicameral Legislative Assembly (29 seats; 12 members elected by popular vote, 10 by indirect vote, and 7 appointed by the chief executive; members serve four-year terms)

elections: last held on 20 September 2009 (next to be held in September 2013)

highest court(s): Court of Final Appeal of Macau Special Administrative Region (consists of the court president and 2 associate justices) judge selection and term of office: justices appointed by the Macau chief executive upon the recommendation of an independent commission of judges, lawyers, and "eminent" persons; judge tenure NA

Alliance for Change or MUDAR Democratic New Macau Association or ANMD (an electoral list of New Macau Association [Jason CHAO] Democratic Prosperous Macau Association or APMD (an electoral list of New Macau Association [Jason CHAO] Macau Development Alliance or NUDM [Angela LEONG On-kei] Macau-Guangdong Union or UMG Macau United Citizens' Association or ACUM [CHAN Meng-kam] New Macau Association or NMA [Jason CHAO] New Hope or NE [Jose Maria Pereira COUTINHO] Union for Development or UDP Union for Promoting Progress or UPP [LEONG Heng-teng] note: there is no political party ordinance, so there are no registered political parties; politically active groups register as societies or companies

Since opening up its locally-controlled casino industry to foreign competition in 2001, Macau has attracted tens of billions of dollars in foreign investment, transforming the territory into one of the world's largest gaming centers. Macau's gaming and tourism businesses were fueled by China''s decision to relax travel restrictions on Chinese citizens wishing to visit Macau. By 2006, Macau''s gaming revenue surpassed that of the Las Vegas strip, and gaming-related taxes accounted for more than 70% of total government revenue. Macau''s economy slowed dramatically in 2009 as a result of the global economic slowdown, but strong growth resumed in 2010-11, largely on the back of tourism from mainland China and the gaming sectors. In 2012, this city of 582,000 hosted nearly 28 million visitors. Almost 60% came from mainland China. Macau''s traditional manufacturing industry has slowed greatly since the termination of the Multi-Fiber Agreement in 2005. China is Macau''s second largest goods export market, behind Hong Kong, and followed by the United States. In 2012, exports were less than US$1 billion, while gaming receipts were US$38 billion, a 13.5% increase over 2011. Macau''s economy expanded by 10% in 2012; although impressive, it was a slower growth rate than in previous years. Macau continues to face the challenges of managing its growing casino industry, money-laundering, and the need to diversify the economy away from heavy dependence on gaming revenues. Macau''s currency, the pataca, is closely tied to the Hong Kong dollar, which is also freely accepted in the territory.

$16.6 billion (31 December 2012 est.) $34.03 billion (31 December 2011 est.) note: the Fiscal Reserves Act that came into force on 1 January 2012 requires the fiscal reserve to be separated from the foreign exchange reserves and to be managed separately; the transfer of assets took place in February 2012

general assessment: fairly modern communication facilities maintained for domestic and international services

domestic: termination of monopoly over mobile-cellular telephone services in 2001 spurred sharp increase in subscriptions with mobile-cellular teledensity exceeding 200 per 100 persons; fixed-line subscribership appears to have peaked and is now in decline

local government dominates broadcast media; 2 television stations operated by the government with one broadcasting in Portuguese and the other in Cantonese and Mandarin; 1 cable TV and 4 satellite TV services available; 3 radio stations broadcasting, of which 2 are government-operated (2012)